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Dieter Kurtenbach

Dieter Kurtenbach: Why the Warriors won the start of NBA free agency

We knew Kevin Durant was going to return to the Warriors this summer _ he made that abundantly clear throughout the regular season and into the offseason.

The only question surrounding Durant was what kind of a deal he would sign.

Well, we now have an answer: Durant is coming back to the Warriors on what is effectively a one-year, $30 million deal, and it's the closest thing to a win-win possible for both the player and the team.

Durant will sign a two-year deal that's really a one-year contract plus a one-year player option _ the player option is really only there in case of serious injury, and there should be a full expectation that Durant declines that option and is a free agent again next summer.

And, believe it or not, that's great news for the Warriors. Durant could have agreed to a four-year deal worth roughly $160 million this summer, starting at $35.5 million in 2018-19.

So yes, Durant, took another pay cut _ one worth $5.5 million. But this time, it benefits him first and foremost, though: he maintains flexibility heading into a more robust 2019 free agent summer and sets himself up to sign an estimated $220 million deal over five years with Golden State should he opt to stay.

There's no guarantee that Durant will sign that full-Bird-rights-empowered five-year deal _ or that the Warriors will offer it _ but it seems most likely that Durant will be a Warrior for the next six years, making a cool quarter of a billion dollars during that stretch.

That's good work if you can get it. (I should have been a world-class basketball player...)

But Durant's one-year pay cut benefits the Warriors as well, though, because it could save them as much as $30 million in luxury tax payments in 2018-19. Durant's lesser deal (for now) makes it easier for Golden State to use their mid-level exception (worth $5.3 million), though there's no guarantee they do.

Going forward, the Warriors are going to be deep in salary cap and luxury tax hell _ there's nothing Durant can reasonably do to save them from that _ but for the second-straight year he's taken less than his true max and it should help the Warriors put a better team on the court.

I guess we should be happy for the Thunder?

Not too long ago, the Oklahoma City Thunder traded away James Harden over a luxury tax bill of $15 million, breaking up a core of Durant, Russell Westbrook, and the 2018 NBA MVP.

Needless to say, that was a bad decision.

The Thunder didn't make the same mistake again, agreeing to terms with Paul George on a stunning four-year deal when free agency officially opened.

Credit where it's due: the Thunder made a bold trade to acquire George with one year remaining on his deal and they clearly did a tremendous job in convincing him to stay around. George re-signing for four years _ despite the constant conversations about him going back home to Los Angeles and the Lakers _ is perhaps as shocking as the Thunder trading for him in the first place.

It's a big, bold play, and with George, Westbrook, the underrated (but perhaps overpaid) Steven Adams, and the returns of Andre Roberson from injury and Jeremi Grant on a three-year, $27 million deal, the Thunder have a team that could theoretically reach the Western Conference Finals.

The Thunder are also looking at a luxury tax bill of as much as $150 million.

That said, stretching and waiving Carmelo Anthony (notice how he wasn't mentioned earlier) will save the Thunder a good chunk of change. NBA cap maestro Nate Duncan estimates stretching Melo could save the Thunder as much as $110 million.

If the number is anywhere near that estimate, Melo is gone. He's no Harden.

At the same time, regardless of if Melo stays or goes, the Thunder are going to be paying through the ears to effectively keep together a team that was beaten by the Utah Jazz in six games in the first round of last year's playoffs.

Yes, it's great that they made a splash move last summer and that it paid off this summer. After trading Harden and losing Durant, there was no doubt some serious catharsis in someone agreeing to stick with Westbrook for the long-term.

And I like a lot of what the Thunder have going on, but, let's be honest _ there should only be only one goal in this league: beat the Warriors.

Are the Thunder a team the Warriors need to lose sleep over?

They're good _ don't get me wrong _ but the Thunder didn't get any better in the last 24 hours, they just avoided getting a whole lot worse.

The Rockets took a step back

Chris Paul orchestrated a big, bold move of his own last summer _ opting into the final year of his contract with the Clippers and then forcing a trade to Houston.

That deal was made so that the Rockets would inherit Paul's Bird rights, allowing him to sign the four-year, $160 million deal he and the team agreed to as free agency officially began at midnight eastern Sunday (9 Pacific Saturday).

Paul is an all-time great, but he's also 33 years old with a reputation for getting injured ahead of big moments. Now he's going to make an average of $40 million for what should be declining years.

Oh, and at the same time the news of Paul's massive contract was coming to the forefront, the Rockets lost Trevor Ariza to Phoenix, who signed the 3-and-D wing to a one-year, $15 million deal.

So, to sum the night up: A team that felt like it was on the precipice of winning a title just handcuffed themselves to Paul while letting a player critical to their successes last year walk.

Yes, this was a team that took the Warriors to Game 7 _ at their place _ in last year's Western Conference Finals, a team that believes it was a historic 0-for-27 stretch from beyond the arc away from playing for a championship, but, like the Thunder, did Houston take a step forward by bringing their Paul back?

The reality, of course, beats the alternative, but one could argue that instead of treading water, the Rockets took a step backward by losing Ariza, and there's no obvious way to replace his impact going into next season.

Understanding fully that the Rockets did not have true, usable cap space this summer, I still wonder why there wasn't a stronger push for Paul to take less money or fewer years. I can't help but think that it would have kept Ariza around _ the Rockets had his Bird rights and likely balked at $15 million a year because of luxury tax concerns _ and likely would have given the Rockets more roster flexibility in the future.

Durant has taken discounts, including one this weekend, to help win titles _ as such, he has two championships, two NBA Finals MVP awards, and a place on basketball's Mt. Olympus. LeBron took a discount when he went to Miami _ sure enough, he won his first two titles and claimed two NBA Finals MVP awards for his trouble.

Paul wanted every penny he could get, though _ perhaps because of his status in the player's union _ and while only time will tell, I can't help but think that decision made his team worse in the short and long term.

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